AlgoDriven prepares for U.S. launch by integrating Black Book data into its appraisal tool
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Black Book has joined with automotive software provider AlgoDriven to integrate Black Book’s vehicle valuations, VIN decoding and retail market data into AlgoDriven’s vehicle appraisal tool, EvalExpert, as AlgoDriven prepares to expand into the U.S. market.
The companies said Black Book’s data offers EvalExpert users real-time insights into current vehicle values and market trends, enabling dealers to make fast, informed decisions, enhancing their operations, trading more used cars and increasing profitability.
“We are excited to unite Black Book’s heritage of trusted data and analytics with AlgoDriven’s modern, innovative platform,” Black Book president Jared Kalfus said in a news release. “This partnership is perfectly aligned with our commitment to delivering actionable insights with the most precise real-time valuations and market insights available.”
Based in Dubai, AlgoDriven was founded in 2017 and is currently operating in the Middle East, Australia and New Zealand.
AlgoDriven co-founder Glenn Harwood said the collaboration with Black Book “marks a significant step forward in our mission to simplify and streamline the car valuation and trading process.”
“By providing our users with Black Book’s values,” he said, “our U.S. launch will provide unmatched accuracy, helping dealers make intelligent decisions quickly.”